Well, the holidays are over and it’s the start of another year–and another opportunity to reevaluate your financial life and practices, woo-hoo! The good news is that it just got a lot easier, thanks to all the wonderful resources and tools available at Smart About Money (SAM). Smart About Money is one of the many programs of the National Endowment for Financial Education®. NEFE® is an independent, nonprofit foundation committed to educating Americans on a broad range of financial topics and empowering them to make positive and sound decisions to reach their financial goals. They offer tips, strategies and information on diverse topics like crisis and fraud, saving and investing, spending and borrowing, housing and transportation, taxes and more.
Click through and take a look at some of the tools like the Life Values Quiz, designed to help you better understand how and why you make financial decisions. Knowing your own habits and patterns is the first step to making positive changes in your financial life!
The Circuit Breaker Property Tax Relief Grant and Illinos Cares Rx is no longer being funded, effective July 1, 2012. However, a few benefits are still being offered:
- Seniors Free Transit Ride
- The Persons with Disabilities Free Transit Ride
- Secretary of State License Plate Discount
You must submit a Benefit Access Application online only. Paper applications are not available or accepted.
For more info, follow link to Illlinois Department on Aging or contact the Senior HelpLine at 800-252-8966, 1-888-206-1327 (TTY).
AARP has a new employment site. You can log into it through your LinkedIn ID. It lists job openings from organizations with a commitment to hire older workers.
On a related note, MPPL is hosting a session on Tuesday 11/20/12 at 1:30p:
What the Senior Candidate Has to Offer: Wisdom, loyalty, experience – are you making the most of your marketable qualities as a mature job seeker? Bob Podgorski of St. Hubert Job and Networking Ministry will offer tips for presenting your skills and experiences as a senior candidate to a potential employer. Please register online or by calling 847-253-5675.
Because of budgetary constraints, in 2011 the Social Security Administration (SSA) stopped sending estimated Social Security benefit statements on paper. For a number of years these statements had been sent to all workers age 25 and older and not currently receiving Social Security benefits. In addition to listing a worker’s lifetime earnings record (the basis for Social Security benefits), the statements contained estimated benefits for retirement, disability, and surviving family members.
This month (May, 2012), the SSA unveiled a program to provide the same information electronically, on the SSA website. Any individual who wishes to sign up must be at least age 18 and have a valid Social Security number, e-mail address, and United States mailing address. Create an account at https://secure.ssa.gov/RIL/SiView.do
The new electronic version of the benefit estimate statement provides the same information as the paper statement, a worker’s lifetime earnings record and estimated benefits for retirement, disability, and surviving family members. At the same time, the government has resumed mailing paper estimated benefit statements to workers age 60 and older who are not currently receiving Social Security benefits.